Young Startup Communities: Beware of the “Excitement Bubble”
When people talk about a “Bubble”, they are usually referring to an “Economic bubble” “Speculative bubble” or “price bubble” all of which roughly mean the same thing: when the prices of products, assets, securities etc. rise very rapidly above their “true value” with little fundamental reason for this and keep doing this until prices eventually and suddenly go into freefall the “bubble bursts”. Although, many would argue that some of the tech communities here in the US are “frothy” or in a “bubble,” and I have personally seen a few signs of this, the type of bubble we are currently experiencing in Jordan is one of an “Excitement Bubble”. In other words, what happens to a startup ecosystem when the excitement that has helped drive it fizzles and fades away?
via Young Startup Communities: Beware of the “Excitement Bubble” | Startup Revolution.